Emanuel Counts on Rauner to Shake Money Loose for Chicago
Mayor Rahm Emanuel of Chicago watches as the Chicago Blackhawks take on the St. Louis Blues in Game Six of the First Round of the 2014 NHL Stanley Cup Playoffs at the United Center on April 27, 2014 in Chicago, Illinois.
Photo by Jonathan Daniel/Getty ImagesWith Chicago facing a solvency-threatening pension crisis, Democratic Mayor Rahm Emanuel knows just what he wants from Illinois’s newly elected governor: “more money,” he says.
Emanuel won’t have to endure an awkward get-to-know-you session before he asks Bruce Rauner, the first Republican governor elected in 16 years. Their careers intersected in 1999, when Emanuel, during an investment-banking foray, represented Rauner’s private-equity firm in a half-billion dollar deal that made a lot of money and formed the foundation of a friendship.